the world’s first WEMIX mega-ecosystem NFTFi

• NEITH NFTs are the world’s first NFTs that convey value via an underlying asset
• Can be purchased with WEMIX$ from the Marketplace
• Bears WEMIX as may be claimed on convention date
• The first two collectibles are ‘City of NILE’ and ‘Tangled Timepieces’

NEW YORK, March 21, 2023 /PRNewswire/ — Wemade’s DAO & NFT platform NILE (NFT Is Life Evolution) has officially launched “NEITH Station”, the world’s first NFTFi service that guarantees stable future value via NEITH NFTs. These combine NFTs and DeFi to enable NFTFi, a decentralized protocol that facilitates lending, swapping, staking and more.

The world’s first NFT to convey value via an underlying asset, NEITH NFT is a new type of NFT that carries WEMIX and can be purchased with WEMIX$ on Marketplace via auction or fixed price sale. NFTs can be traded freely until the claim, which can be made at any time after the contract date. This is usually set for one year after the start of the sale, and only NFT holders can claim the deal amount to WEMIX on or after the deal date. Holders can also engage and communicate with others who own the same collection to increase the value of their NFTs through collective potential.

Launched on March 16, City of NEITH is the first PFP (Profile Picture) collectible in the City of NILE collection which consists of 10 cities, each with 88 NFTs. City of Nile’s 88 NEITH NFTs are divided into five grades: Civic, Rare, Epic, Legendary, and Mythical. Depending on the grade, it can be purchased at a fixed price or through an open auction system.

On March 23, NEITH Station will launch the “Tangled Timepieces” NEITH NFT collectible, its first T2E (Talk to Earn) collectible to come with the “Tangled” app. Tangled Timepieces is a collection of NO NFTs that can store time points earned in the Tangled app. You can buy LUXURY grade NEITH NFTs on the Marketplace and you can achieve a higher, High-End, Zenith grade by synthesizing the purchased NFTs. When synthesized into a higher grade, the promised Wemix (Neith Covenant) is also merged.

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About WEMADE

Korea-based WEMADE is a well-known industry leader in game development with over 20 years of experience, leading a once-in-a-generation shift as the gaming industry transitions to blockchain technology. Through its subsidiary WEMIX, WEMADE aims to accelerate the mass adoption of blockchain technology by building an experience-based, platform-driven and service-oriented mega-ecosystem to provide a wide range of intuitive, convenient and user-friendly Web3 services. www.wemade.com

About NILE

NILE is the world’s first DAO-powered blockchain NFT platform based on a fully decentralized smart contract infrastructure that will redefine the way we identify and express inspiration, creativity and opportunity. NILE enables trustless and transparent projects in the form of concerts, art exhibitions, sports, music, investments and even businesses to be facilitated and managed through the DAO. More on www.nile.io

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SOURCE Wemade